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Exceptional items, like the divestment of a 3.3% stake in Airtel for SGD 2.25 billion in August last year, boosted net profit by SGD 172 million
Transaction to cost around Rs 12,900 crore; family currently owns 24.13% stake in Airtel
Singtel seeks to unlock value of regional associate companies
The stock up 4% to Rs 439 on BSE after the company announced that Singtel will invest Rs 26.49 billion in Bharti Telecom through preferential allotment of shares